Property Description

FOR SALE: 100% Occupied Industrial Commercial Complex. Last sold in the early 2000s, the Property was built in 1987 and is comprised of 3 buildings totaling ±30,064 SF on ±2.5 AC of land. Originally designed for 37 tenants, many tenants have expanded or have taken multiple units for their business growth. Fully occupied, almost all tenants are on month to month tenancy, allowing the opportunity for rental increases to current market values. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. The Seller is in the process of installing solar to the Property in order to eliminate the majority of electricity expense. This will be paid outright by Seller. Current tenants are comprised of auto, light manufacturing, office and adult entertainment. The Property is located in the industrial hub of Hesperia, CA in the High Desert. This is an ideal location for industrial and commercial business, surrounded by other mixed-use industrial, manufacturing, and general commercial. The Property neighbors the BNSF rail and is conveniently located between the two main arterials in the City. Hesperia continues to be one of the fastest growing cities in the US because of its affordable housing, pleasant desert climate, clean air, and breatht

Features
: Flat, Metal
Address Map
CA
San Bernardino
Hesperia
92345
17415 Catalpa Street
0
W118° 42' 57.3''
N34° 27' 33.7''
From the I-15 Interstate exit B
MLS Addon
Rigel Capital
Tony Scafidi
tscafidi@rigelcap.com
CR361186521
CR361180084
CR361560456
: Public

Commercial Sale For Sale

17415 Catalpa Street, Hesperia, California 92345

30,064 Sqft
$3,350,000
Listing ID #CRHD23165398
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRHD23165398
Price : $3,350,000
Square Footage : 30,064 Sqft
Year Built : 1987
Lot Area : 108,900 Sqft
Status : Active
Property SubType : Comm Ind For Sale
Agent info
Michael Roberts
Contact Agent